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Mortgage Application Activity Rebounds with 11% Upswing

Mortgage Application Activity Rebounds with 11% Upswing

by Phil Hall | May 7, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity picked up with new gusto for the week ending May 2, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 11% on a seasonally adjusted...
Survey: One-Third of Nevada Voters Considered Leaving the State Due to Housing Costs

Survey: One-Third of Nevada Voters Considered Leaving the State Due to Housing Costs

by Phil Hall | May 7, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new voter survey has found one-third of Nevada’s registered voters considered moving out of the state due to elevated housing costs. The Reno Gazette-Journal reports the survey, conducted April 15-21 by Noble Predictive Insights, discovered that 53% of Nevada voters...
Disney to Open First Middle East Theme Park in Abu Dhabi

Disney to Open First Middle East Theme Park in Abu Dhabi

by Phil Hall | May 7, 2025 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Walt Disney Company (NYSE: DIS) has announced plans for its first Middle East theme park destination at Abu Dhabi in the United Arab Emirates. Disney Abu Dhabi will be the company’s seventh theme park. It will be located at the waterfront of Yas Island and will be...
A Phil Hall Op-Ed: Will Congress Approve Trump’s 44% Cut to HUD’s Budget?

A Phil Hall Op-Ed: Will Congress Approve Trump’s 44% Cut to HUD’s Budget?

by Phil Hall | May 6, 2025 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: President Trump submitted his proposed Fiscal Year 2026 budget to Congress and it reduces non-defense discretionary spending by $163 billion. Among the proposed cuts is the $33.6 billion reduction in funds allocated to the Department of Housing and...
Compass Creates Private Exclusive Listings Book

Compass Creates Private Exclusive Listings Book

by Phil Hall | May 6, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Compass Inc. (NYSE: COMP) has unveiled its new Compass Private Exclusive Book, a collection of its Compass Private Exclusives available for viewing in the brokerage’s offices. According to the New York City-based company, agents from all brokerages can visit any...
Rite Aid Files for Bankruptcy Again, Plans to Close All New York State Stores

Rite Aid Files for Bankruptcy Again, Plans to Close All New York State Stores

by Phil Hall | May 6, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Rite Aid Corporation has filed for bankruptcy for the second time in 18 months. The Philadelphia-headquartered pharmacy chain announced it was “pursuing a strategic and value-maximizing sale process for substantially all of its assets.” The company added that its...
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